On Friday, Aave's service providers put forward a governance proposal seeking authorization to transfer 25,000 ETH—valued at approximately $58 million—from the protocol's treasury to the DeFi United recovery initiative. This contribution aims to ensure complete backing for rsETH following the security breach at Kelp DAO that occurred last week.
Ethereum trades below key weekly averages while institutional OTC activity adds fresh supply dynamics
Josh Stark is leaving the Ethereum Foundation after about five years, marking its clearest high-profile exit since the 2025 reshuffle.
Grayscale's staking move signals increased institutional interest in Ethereum, yet market sentiment remains cautious on long-term price impact. Grayscale stakes 102,400 ETH via Ethereum Staking ETF, valued at $237M.
Ethereum is consolidating around $2,300, holding a level that represents meaningful recovery from the February lows but still sitting well below the highs that defined the previous cycle.
The surge in taker volume highlights strong buying interest, potentially signaling a bullish trend and increased market activity in Ethereum. Ether taker volume surges 72% as traders target $2.6K liquidity gap.
The hacker behind the Balancer V2 exploit has converted 14,300 ETH into 419.3 BTC, signaling a strategic shift in how the stolen funds are being moved across blockchain networks.
Ethereum has been ahead of Solana on total fees for more than a week, with the latest 24-hour tally showing about $2.7 million in fees for Ethereum versus roughly $70,000 for Solana. The post framed the gap as a fresh sign of strengthening on-chain demand around Ethereum.
Ethereum jumped 11% this month. The token hit around $2,330, its best level since February, and traders think it can push to $3,200.
The DeFi Education Fund (DEF) and 35 co-signatories, including a16z crypto, Aptos Labs, Uniswap, Chainlink, Paradigm, Solana Policy Institute, and Phantom, among others, have petitioned the Securities and Exchange Commission (SEC) to convert its recent staff guidance on DeFi interfaces into durable notice-and-comment rulemaking.
Overwhelming financial dominance: Ethereum generated $2.7 million in fees within 24 hours, compared to barely $70,000 collected by the Solana network. Historic revenue gap: The 40-fold difference in daily collection, reported this April 24, evidences a critical disparity in transaction value.
As excitement swirls in the community following the recent upswing in Ethereum's price, the on-chain narrative of the leading blockchain network is undergoing a deeper, major shift. Activity on the network is currently spiking at a significant rate, reinforcing its position as the backbone for value exchange on-chain.